Jefferies Starts Avista (AVA) at Hold

Get Alerts AVA Hot Sheet
Rating Summary:
0 Buy, 7 Hold, 3 Sell
Rating Trend:

Today's Overall Ratings:
Up: 2 | Down: 21 | New: 11
Join SI Premium – FREE
Jefferies analyst Julien Dumoulin-Smith initiates coverage on Avista (NYSE: AVA) with a Hold rating and a price target of $40.00.
The analyst comments "We initiate coverage of Avista Corp (AVA) at Hold with a $40.00 PT and 12% TSR. AVA is an ROE improvement story with 2025-2026 growth predicated on rate relief, lag mitigation in a difficult Washington territory. Valuing shares at -15% discount, consistent with Western smids, we do not see value given modest 5% EPS CAGR, and need to demonstrate execution of earned ROE step-up. L-T data center interest in the region would be positive and provide upside to the outlook."
For an analyst ratings summary and ratings history on Avista click here. For more ratings news on Avista click here.
Shares of Avista closed at $37.25 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- TD Securities Downgrades Canaccord Genuity Group (CF:CN) (CCORF) to Hold
- Fiserv (FI) PT Raised to $270 with RBC Capital Bullish on New CEO
- Amentum (AMTM) Secures COSMIC Contract to Enhance NASA's Space Infrastructure
Create E-mail Alert Related Categories
Analyst Comments, New CoverageRelated Entities
Jefferies & Co, Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!